AeroVironment (NASDAQ:AVAV) Releases FY25 Earnings Guidance

AeroVironment (NASDAQ:AVAV) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.18-3.49 for the period, compared to the consensus estimate of $3.49. The company issued revenue guidance of $790-820 million, compared to the consensus revenue estimate of $826.39 million.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Alembic Global Advisors upgraded AeroVironment from a “neutral” rating to an “overweight” rating and set a $216.00 target price for the company in a research note on Wednesday, August 28th. Raymond James lowered AeroVironment from an “outperform” rating to a “market perform” rating in a research note on Monday, September 16th. William Blair reiterated an “outperform” rating on shares of AeroVironment in a research report on Thursday. Baird R W upgraded AeroVironment from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 28th. Finally, Jefferies Financial Group upgraded AeroVironment from a “hold” rating to a “buy” rating and decreased their target price for the stock from $240.00 to $230.00 in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $211.83.

AeroVironment Trading Up 2.0 %

Shares of NASDAQ AVAV opened at $196.89 on Thursday. The company has a market cap of $5.55 billion, a price-to-earnings ratio of 92.44 and a beta of 0.45. AeroVironment has a 12-month low of $116.51 and a 12-month high of $236.60. The company has a current ratio of 4.26, a quick ratio of 3.04 and a debt-to-equity ratio of 0.01. The stock’s 50 day simple moving average is $208.78 and its 200 day simple moving average is $194.35.

AeroVironment (NASDAQ:AVAV) last announced its quarterly earnings results on Wednesday, December 4th. The aerospace company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.29). The company had revenue of $188.46 million during the quarter, compared to the consensus estimate of $181.80 million. AeroVironment had a return on equity of 9.87% and a net margin of 7.82%. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the business posted $0.97 EPS. Equities research analysts expect that AeroVironment will post 3.36 EPS for the current year.

Insider Buying and Selling

In other AeroVironment news, CFO Kevin Patrick Mcdonnell sold 508 shares of AeroVironment stock in a transaction on Friday, November 1st. The stock was sold at an average price of $216.65, for a total transaction of $110,058.20. Following the sale, the chief financial officer now owns 16,868 shares of the company’s stock, valued at $3,654,452.20. The trade was a 2.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have sold 1,782 shares of company stock valued at $373,609. Insiders own 1.27% of the company’s stock.

About AeroVironment

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.